"He Was Kind Of Right" About NATO, Immigration, Economy, China
JP Morgan CEO Jamie Dimon said "all this negative talk about MAGA" is going to "hurt President Biden's re-election campaign" during an appearance Wednesday on CNBC from Davos.
"They're basically scapegoating" Trump supporters, Dimon said. "Just take a step back, and be honest. He was kind of right about NATO, he was kind of right about immigration. He grew the economy quite well. Tax reform worked, he was right about China."
"The Democrats have done a pretty good job with the 'deplorables' hugging onto their bibles and beer and guns. I mean, really? Can we just stop that stuff and grow up and treat other people with respect?"
"He wasn't wrong about these critical issues. That's why they're voting for him. People should be more respectful of our fellow citizens."
JAMIE DIMON: I wish the Democrats would think a little more carefully when they talk about MAGA, you know? And if you travel this country, you know -- and the country is unbelievable. We took a bus trip this year, Leslie Picker was on -- Spokane and Boise and Bozeman.
People are growing. They're hungry to grow. They're innovating. It's everywhere. It's not just Silicon Valley. So, we got this great hand.
But when people say MAGA, they're actually looking at people voting for Trump and they think they're voting -- and they're basically scapegoating them, that you are like him, and -- but I don't think they're voting for Trump because of his family values.
If you look at -- just take a step back, be honest. He's kind of right about NATO. Kind of right about immigration. He grew the economy quite well.
Tax reform worked. He was right about some with China. I don't like what he did -- I don't like how he said things about Mexico, I don't like -- but he wasn't wrong about some of these critical issues. And that's why they're voting for him.
And I think people should be a little more respectful of our fellow citizens and when you guys have people up here, you should always ask the why. Not like it is a binary thing, you support Trump, you're not supporting Trump. Why you're supporting Trump?
JOE KERNEN: If you hate 75 million of your fellow Americans, it's --
DIMON: I agree. And the Democrats have done a good job with the deplorables, hugging their bibles and their beer and their guns.
I mean, really? Can we stop that stuff and actually grow up and treat other people respectfully and listen to them a little bit?
And I do think the economy will affect -- I think this negative talk about MAGA is going to hurt Biden's election campaign.
More from this interview where Dimon discusses his meeting with Ukrainian President Volodymyr Zelenskyy, most pressing geopolitical issues, doing business in China, the state of the economy, the 2024 race, crypto, and commercial real estate.
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